Jan. 10, 2018Topics
Mergers and acquisitions, new petrochemical projects, the dismantling of US environmental regulations and a tussle over the hazards of pesticides in Europe, along with a protracted discussion over life after Brexit and a few changes in ...
Jan. 09, 2018Topics
China continued to draw in investors. ExxonMobil Chemical signed a strategic cooperation framework agreement and an MoU with authorities in Huizhou to jointly evaluate plans for a world-scale petrochemical complex in China. ...
Across the pond, Europe ,too, saw some major investment announcements in 2017, the first for many years. Olefins and polyolefins giant Ineos led the way. Its three major projects, costing a total of £2 billion, are planned to include ...
In the run-up to its merger with DuPont, Dow last year announced investments worth $4 billion to be realized over the next five years, including an expansion of its Texas cracker and additional polyolefin capacities in the US and Europe. ...
Jan. 08, 2018Topics
The year just ended was marked by a flood of M&A activity also in the distribution sector. Leading the way, German giant Brenntag said it planned to acquire all shares of specialty chemicals distributor Wellstar Enterprises (Hong ...
On the pharmaceutical side, super-dimensioned M&A activity was somewhat more modest. Many of the deals were between players in the biochemicals segment or conventional drugmakers who wanted to enter the sector.
The chemical production sector saw more activity than pharmaceuticals in 2017. Beyond the mega-mergers, one of the most significant deals of 2017 was BASF’s announcement in early December that it had signed a letter of intent with ...
Mergers and acquisitions, new petrochemical projects, the dismantling of US environmental regulations, and a tussle over the hazards of pesticides in Europe, along with a protracted discussion over life after Brexit and a few changes in ...
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